Life can throw curveballs – Insurance can help you manage them.
Here’s how it works:
1. Pick Your Cover
Choose what you want to protect (car, home, health, etc.) and get a quote. Ask questions and know what’s included.
2. Pay Your Premium
Once you agree to the policy, you pay a premium – this is the cost of your insurance. It can be paid annually, quarterly, monthly, or on a weekly basis, depending on the provider and your preference.
3. Make a Claim When Needed
If something happens – like damage, theft, or loss – you file a claim with your insurer.
4. Assessment and Payout
The insurance company will assess your claim to see if it meets the criteria outlined in your policy. If approved, the insurance company may pay you or replace whatever you had insured.
5. Paying an Excess
When you make a claim, you’ll usually need to pay an excess – this is a set amount you contribute toward the cost of the claim. You agree to this when you take out the policy.
Insurance is just one way you can protect what’s important. You can also avoid the cost of damage to other people’s property, cars and items this way.
This content is not designed to be personalised to your situation. We recommend you get personalised advice for your specific needs.
Whai Rawa Fund Limited is the issuer of the Whai Rawa Unit Trust. A copy of the Product Disclosure Statement is available at www.whairawa.com/pds. All content is subject to WRFL’s financial advice disclosure statement available here www.whairawa.com/financial-advice